ASB Meeting Agenda and Materials October 2015

Meeting Date: October 13-15, 2015
New Orleans, LA

Hilton New Orleans St. Charles Hotel
333 St. Charles Avenue
New Orleans, LA  70130

Please visit the hotel website for more information regarding this hotel, such as amenities, restaurants, directions, etc. Please call the hotel at 504-378-2800 to make your reservation.

Agenda

• Agenda Item #1 - Attestation Standards (Chapters 1-7)
  • Discussion Memorandum
  • Agenda Item 1A-"Preface to the Attestation Standards"
  • Agenda Item 1B-Chapter 1, "Concepts Common to All Attestation Engagements"
  • Agenda Item 1C-Chapter 2, "Examination Engagements"
  • Agenda Item 1D-Chapter 3, "Review Engagements"
  • Agenda Item 1E-Chapter 4, "Agreed-Upon Procedures Engagements"
  • Agenda Item 1F-Chapter 5, "Financial Information" at the January 2015 ASB meeting (clarifies AT section 301)
  • Agenda Item 1G-Chapter 6, "Reporting on Pro Forma Financial Information," (clarifies AT section 401)
  • Agenda Item 1H-Chapter 7, "Compliance Attestation," (clarifies AT section 601)
• Agenda Item 2 - Service Organizations
  • Discussion Memorandum
  • Agenda Item 2A-Draft of chapter 8 dated September 30, 2015 marked to show changes from the July 21, 2015 draft 
• Agenda Item 3 - Direct Engagements
  • Discussion Memorandum
  • Agenda Item 3A-Chapter 1, "Concepts Common to All Attestation Engagements," of the proposed clarified attestation standards, modified to accommodate chapters 9 and 10
  • Agenda Item 3B-Chapter 9, "Direct Examination Engagements," of the proposed clarified attestation standards (This is a reasonable assurance engagement.)
  • Agenda Item 3C-Chapter 10, Specified Procedures Engagements," of the proposed clarified attestation standards.  (This engagement is similar to an agreed-upon procedures engagement; however, either the practitioner or the responsible party may designate the procedures, and use of the report would not be restricted (The task force has not yet discussed this chapter)
  • Agenda Item 3D-Final Canadian Standard on Assurance Engagements (CSAE) 3001, Direct Engagements
  • Agenda Item 3E-Staff Q&A regarding the applicability of AICPA standards to GAO performance audits
• Agenda Item 4 - ERISA Reports
  • Discussion Memorandum
  • Agenda Item 4A-Comparison of AU-C 806 to Yellow Book 
  • Agenda Item 4B-Concept for Possible SAS on Internal Control and Compliance 
• Agenda Item 5 - Going Concern
  • Discussion Memorandum
  • Agenda Item 5A-AU-C section 570 Matrix
  • Agenda Item 5B-Proposed conforming amendments to AU-C 930